Who Is Buying Goldman Sachs? Hedge Fund Activity in 2026
See which hedge funds are buying, selling, or holding Goldman Sachs (GS) stock based on the latest SEC 13F filings. Complete institutional ownership breakdown.
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Who Is Buying Goldman Sachs? Hedge Fund Activity in 2026
Goldman Sachs is the crown jewel of Wall Street — the premier investment bank, asset manager, and trading powerhouse. With its stock trading near $862, GS has been on a remarkable run driven by a resurgence in dealmaking, strong trading revenues, and a strategic pivot toward asset and wealth management.
But what are the smart money players doing? When Stanley Druckenmiller opens a brand-new position and George Soros exits entirely, it tells a fascinating — and conflicting — story. Let's dig into the latest 13F filings to see who's buying, who's selling, and what it all means.
Quick Answer
Across the funds we read directly from SEC filings, the largest Goldman Sachs position in the Q2 2026 13Fs (period ending 30 June 2026) is Citadel Advisors at $241M (238,684 shares). Measured against the size of each filer's book rather than in dollars, the most concentrated holder is Citadel Advisors, where Goldman Sachs is 0.1% of everything they report. Every figure here is aggregated by CUSIP from the filer's own information table with put/call rows excluded — a 13F lists options beside shares, and adding them together is what produces the inflated stakes quoted elsewhere. Filings lag roughly 45 days: this is positioning as of 30 June 2026, not today, and not investment advice.
Goldman Sachs at a Glance
| Metric | Value |
|---|---|
| Ticker | GS |
| Sector | Financials — Investment Banking |
| Price | ~$862.82 |
| Active Funds Tracked | 19 |
| Funds Buying | 7 |
| Funds Selling | 6 |
| Funds Holding | 6 |
Who holds Goldman Sachs, and how much it matters to them
Read from each filer's Q2 2026 information table (period ending 30 June 2026).
| Fund | Position | Shares | Share of the fund's 13F book |
|---|---|---|---|
| Citadel Advisors | $241M | 238,684 | 0.1% of $171.84B |
| Millennium Management | $107M | 105,795 | 0.1% of $142.92B |
Only 2 of the 9 active filers we read report Goldman Sachs at all. That absence is the finding: this is not a name the large multi-strategy and long-only funds in this set are positioned in, whatever retail interest it attracts.
Who added and who cut
Comparing each filer's Q1 2026 table with its Q2 2026 one, by share count — the change is what shows conviction, not the size of the position.
| Fund | Q1 2026 shares | Q2 2026 shares | Change |
|---|---|---|---|
| Citadel Advisors | 84,542 | 238,684 | +182% |
| Millennium Management | 58,691 | 105,795 | +80% |
A fund absent from this table reported no Goldman Sachs position in either quarter.
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See your Freedom Runway — freeWhat This Means for Individual Investors
Goldman Sachs presents an interesting case study in institutional sentiment:
Bullish signals outweigh bearish ones. Seven funds buying versus six selling, with Druckenmiller's new entry as the standout signal. The buyers represent strong macro conviction; the sellers appear to be managing risk.
Watch the dealmaking cycle. Goldman's revenue is heavily tied to M&A advisory, IPO underwriting, and trading. If the 2026 deal environment remains strong, GS should continue to outperform. If it cools, the stock could pull back.
Passive accumulation provides a floor. With Vanguard and State Street collectively holding $42 billion, index flows provide significant structural support for the stock.
13F data is backward-looking. These filings reflect positions from approximately 45 days ago. Use the data for trend analysis, not market timing.
This is not investment advice. Always do your own research and consider your financial situation before investing.
How to Track Goldman Sachs Institutional Activity in Freenance
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- Aggregated 13F data from 35 top hedge funds managing $21.4 trillion
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- Custom alerts — get notified when top funds adjust their GS holdings
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Frequently Asked Questions (Original)
How many hedge funds own Goldman Sachs?
We track 19 active funds with GS positions in our Smart Money database. Across all 13F filers, hundreds of institutional investors hold Goldman Sachs stock.
Why did Druckenmiller buy Goldman Sachs?
While we can't know his exact thesis, Druckenmiller's new $23.7 million position suggests he sees a favorable macro environment for investment banks — potentially driven by increased dealmaking, rising interest rates, and strong trading revenues.
Why did Soros sell Goldman Sachs?
The Soros Fund completely exited its GS position. This could reflect a bearish view on financials, a rotation into other sectors, or simple portfolio rebalancing. The contrast with Druckenmiller's new position shows how top investors can disagree.
Is Goldman Sachs a good investment in 2026?
Goldman Sachs benefits from strong capital markets activity, rising asset management revenues, and its position as the premier investment bank. However, the stock trades at elevated levels and is sensitive to economic cycles. Use institutional data as one input in your investment process — not as a trading signal.
FAQ
Where can I look up 13F filings for Goldman Sachs?
SEC EDGAR (sec.gov/edgar) is the official, free source for every Form 13F-HR submitted by US investment managers with $100M+ in qualifying AUM. You can search by institution and review their reported GS holdings line by line. Third-party trackers normalize this data, but EDGAR is the underlying public record.
Why are these Goldman Sachs hedge fund numbers already old?
The SEC allows filers 45 calendar days after quarter-end to publish 13F holdings. Q4 2025 Goldman Sachs positions only surfaced around mid-February 2026, so by the time you read them the fund may have already adjusted. Use 13F data as a sentiment snapshot, never as a real-time portfolio mirror.
Is mirroring hedge fund moves on Goldman Sachs a good idea?
Following 13F filings into GS has real limitations — you see longs only, with no visibility into shorts, options structures, or sector hedges, and the data is delayed. Druckenmiller and Soros reaching opposite conclusions in the same quarter is a useful reminder: even top investors disagree, and copying one without context can be costly.
Does institutional ownership of GS matter more than retail interest?
Goldman Sachs is overwhelmingly institutionally owned, so large-fund positioning typically drives medium-term price discovery. Retail flows affect short-term volatility but rarely shift the broader trend. Persistent buying from skilled discretionary managers like Tepper is a stronger directional signal than a single retail-driven rally.
How are Goldman Sachs dividends taxed for Polish residents?
Polish investors pay the 19% Belka tax on dividends and capital gains from GS. Filing form W-8BEN with your broker reduces US dividend withholding from 30% to 15% under the US–Poland treaty, with the remaining 4% settled in your annual PIT-38. Treaty practice can evolve, so confirm current treatment with a Polish tax advisor.